If Shelly’s income increases by 10% and at the same time there is a 2% decrease in her quantity demanded of potatoes, the income elasticity is A. 0,5 B. -5 C. -0,2 D. 2

/in /by

If Shelly’s income increases by 10% and at the same time there is a 2% decrease in her quantity demanded of potatoes, the income elasticity is

A. 0,5
B. -5
C. -0,2
D. 2

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